Dunelm has enjoyed a “good” final quarter as its chief executive Nick Wilkinson said the retailer was “not standing still” amid a more muted trading environment.
Sales for the homeware giant rose 4% to £415m in the 13 weeks to 28 June, as it benefited from the warmer weather and consumers seeking value.
The retailer said its outdoor furniture and decorative outdoor accessories sold “very well, especially in the warmer periods at the start and end of the quarter”.
The strong final quarter contributed to a 3.8% increase in full-year revenue to £1.77bn.
Wilkinson, who will be succeeded by Clo Moriarty in October, said: “We’ve had a good final quarter with continued growth and further strategic progress.
“Customers responded well to offers across our categories in our Summer Sale, and we saw strong demand for our Summer Living ranges, particularly as customers focused on their outdoor spaces during the warmer weather.”
The retailer opened four new superstores during the final quarter and acquired luxury home decor company Designers Guild.
Wilkinson continued: “These strategic developments conclude a year marked by a number of ‘firsts’, including international expansion into Ireland; deploying AI to improve our website experience; and opening our first inner London store at Westfield White City.
“Amidst muted consumer confidence, we are not standing still waiting for a recovery. We are instead focused on delivering relevance to our customers, to help build greater trust in the quality, value and breadth of our offer, harnessing our unique strengths as a multi-category specialist.
“As we progress our ambitions to gain further market share, we remain confident in our ability to unlock our full potential as the Home of Homes,” he added.
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